{"id":30252,"date":"2026-03-13T05:03:59","date_gmt":"2026-03-13T05:03:59","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/commerzbank-yari-iletkenler-ve-ihracattaki-artisin-etkisiyle-ocak-uretimi-yuzde-59-yukselirken-malaysianin-petrol-ihracatcisi-rolunun-myryi-destekledigini-soyluyor\/"},"modified":"2026-03-13T05:03:59","modified_gmt":"2026-03-13T05:03:59","slug":"commerzbank-yari-iletkenler-ve-ihracattaki-artisin-etkisiyle-ocak-uretimi-yuzde-59-yukselirken-malaysianin-petrol-ihracatcisi-rolunun-myryi-destekledigini-soyluyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/commerzbank-yari-iletkenler-ve-ihracattaki-artisin-etkisiyle-ocak-uretimi-yuzde-59-yukselirken-malaysianin-petrol-ihracatcisi-rolunun-myryi-destekledigini-soyluyor\/","title":{"rendered":"Commerzbank, yar\u0131 iletkenler ve ihracattaki art\u0131\u015f\u0131n etkisiyle ocak \u00fcretimi y\u00fczde 5,9 y\u00fckselirken Malaysia\u2019n\u0131n petrol ihracat\u00e7\u0131s\u0131 rol\u00fcn\u00fcn MYR\u2019yi destekledi\u011fini s\u00f6yl\u00fcyor"},"content":{"rendered":"Malezya\u2019n\u0131n sanayi \u00fcretimi ocakta y\u0131ll\u0131k bazda %5,9 artt\u0131. Bu oran, Bloomberg beklentisi olan %5,0\u2019in \u00fczerinde ve aral\u0131ktaki %4,8\u2019in \u00fcst\u00fcnde. Temmuz 2024\u2019ten bu yana en g\u00fc\u00e7l\u00fc seviye oldu.\n\nArt\u0131\u015f, ihracata d\u00f6n\u00fck imalat ve yar\u0131 iletkenlere (\u00e7ip) y\u00f6nelik talep ile ba\u011flant\u0131l\u0131yd\u0131. \u00dcretimin bu y\u0131l da, hem ileri teknoloji (en yeni \u00fcretim s\u00fcreci) hem de olgun teknoloji (daha eski ama yayg\u0131n kullan\u0131lan) \u00e7iplere k\u00fcresel talep ve veri merkezlerine yap\u0131lan yat\u0131r\u0131mlar sayesinde desteklenmesi bekleniyor.\n\n

Ringgit \u0130stikrar\u0131 ve Petrolden Destek<\/h3>\nMalezya ringgiti (MYR), petrol fiyatlar\u0131ndaki y\u00fckseli\u015f s\u0131ras\u0131nda di\u011fer Asya para birimlerine k\u0131yasla g\u00f6rece istikrarl\u0131 kald\u0131. Malezya\u2019n\u0131n net ham petrol ihracat\u00e7\u0131s\u0131 olmas\u0131, para birimini destekledi.\n\nYurti\u00e7i rafineriler, Malezya\u2019n\u0131n i\u015flenmi\u015f petrol \u00fcr\u00fcnleri ihtiyac\u0131n\u0131n yakla\u015f\u0131k %66\u2019s\u0131n\u0131 kar\u015f\u0131l\u0131yor. Buna ra\u011fmen Malezya petrol \u00fcr\u00fcnleri ithal etmeyi s\u00fcrd\u00fcr\u00fcyor; bu da risk unsuru.\n\nMYR, b\u00f6lgedeki para birimlerindeki zay\u0131fl\u0131ktan yine etkilenebilir. Ancak petrol fiyatlar\u0131ndaki yeni art\u0131\u015flara, baz\u0131 b\u00f6lge \u00fclkelerine g\u00f6re daha az hassas olabilir.\n\n

Korunma (Hedging) Stratejisine Etkiler<\/h3>\nMalezya ringgiti, 2025\u2019in sonlar\u0131nda Brent ham petrol 95 dolar\/varil seviyesinin \u00fczerine \u00e7\u0131karken, petrol ihracat\u00e7\u0131s\u0131 olman\u0131n deste\u011fini g\u00f6rd\u00fc. Brent (uluslararas\u0131 ham petrol referans fiyat\u0131) \u015fimdi yakla\u015f\u0131k 88 dolar seviyesine geriledi\u011fi i\u00e7in bu destek zay\u0131fl\u0131yor ve para birimi ba\u015fka etkenlere daha duyarl\u0131 hale geliyor.\n\nSanayi \u00fcretimindeki yava\u015flama ve ham petrol fiyatlar\u0131ndaki geri \u00e7ekilme dikkate al\u0131nd\u0131\u011f\u0131nda, MYR\u2019nin 2025\u2019teki g\u00f6rece istikrar\u0131 daha belirsiz g\u00f6r\u00fcn\u00fcyor. USD\/MYR kuru (ABD dolar\u0131 kar\u015f\u0131s\u0131nda ringgit), son bir y\u0131lda 4,65\u2019ten 4,75\u2019e y\u00fckseldi; bu da ringgitte zay\u0131flama i\u015fareti. Bu nedenle, \u00f6n\u00fcm\u00fczdeki haftalarda ringgitin de\u011fer kayb\u0131na kar\u015f\u0131 korunmak ya da bu hareketi de\u011ferlendirmek i\u00e7in k\u0131sa vadeli USD\/MYR al\u0131m opsiyonlar\u0131 (call; belirli fiyattan dolar alma hakk\u0131 veren s\u00f6zle\u015fme) d\u00fc\u015f\u00fcn\u00fclebilir.\n\nAyr\u0131ca Bank Negara Malaysia\u2019n\u0131n (Malezya Merkez Bankas\u0131) son a\u00e7\u0131klamalar\u0131, b\u00fcy\u00fcme yava\u015flamaya devam ederse y\u0131l\u0131n ilerleyen d\u00f6neminde faiz indirimi olabilece\u011fine i\u015faret ediyor. Bu, 2025 ba\u015f\u0131ndaki \u201cfaizler sabit kal\u0131r\u201d g\u00f6r\u00fcn\u00fcm\u00fcnden farkl\u0131. Para politikas\u0131ndaki bu ayr\u0131\u015fma, daha s\u0131k\u0131 duru\u015funu koruyan (\u015fahin; faiz indirimi yerine y\u00fcksek faiz yanl\u0131s\u0131) b\u00f6lge merkez bankalar\u0131na sahip \u00fclkelere kar\u015f\u0131 ringgit \u00fczerinde ek bask\u0131 yaratabilir.\n

\n\n

Hemen i\u015flem yapmaya ba\u015flay\u0131n – Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"

S\u00fcrpriz veri: Malezya sanayi \u00fcretimi ocakta %5,9 ile beklentiyi a\u015ft\u0131, \u00e7ip talebi ivme verdi. Ancak petrol deste\u011fi zay\u0131fl\u0131yor; USD\/MYR y\u00fckseli\u015fi, olas\u0131 faiz indirimiyle riskleri art\u0131r\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-30252","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=30252"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30252\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}